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Joyy Inc (JOYY) Stock News
The latest JOYY headlines and market coverage — 3 recent stories, updated throughout the day.
- GlobeNewswire Inc.·
JOYY Recognized as “Most Honored Company” in Extel’s 2026 Asia Executive Team Survey
JOYY Inc. has been named a 'Most Honored Company' by Extel for the second consecutive year and eighth year overall in the 2026 Asia Executive Team Survey. The company secured top-three rankings in five categories including Best CEO, Best CFO, and Best Investor Relations, reflecting strong leadership and investor relations performance in the competitive Internet sector.
- Benzinga·
JOYY Reports First Quarter 2026 Financial Results: Total Revenue Up 12.4% YoY, Substantially Expanding Shareholder Returns
SINGAPORE , May 25, 2026 /PRNewswire/ -- JOYY Inc. (NASDAQ: JOYY ) ("JOYY" or the "Company"), a leading global technology company, today announced its unaudited financial results for the first quarter ended March 31, 2026. In the first quarter, JOYY's globally diversified ecosystem continued to take shape, with its three business pillars — social entertainment, advertising, and e-commerce — bolstering one another in a self-reinforcing strategic flywheel. The Company's total revenues for the quarter grew 12.4% year over year to US$555.7 million, the highest year-over-year growth rate the Company has delivered in recent years. Social entertainment revenue was US$400.4 million, up 3.2% year over year, while the Company's second growth engine, BIGO Ads ad tech and SHOPLINE e-commerce, continued to scale with strong momentum. BIGO Ads contributed US$124.8 million, up 55.6% year over year, while SHOPLINE revenue increased 16.1% year over year to US$30.5 million. In the first quarter, non-GAAP [ 1] operating income and non-GAAP [ 1] EBITDA came in at US$38.0 million and US$45.7 million, up 22.5% and 13.2% year over year, respectively. Operating cash inflow for the quarter was US$46.0 million. Simultaneously, JOYY announced a new share repurchase program, under which the Company is authorized to repurchase up to US$600 million of its shares until the end of 2028, and a new quarterly dividend program, under which a total of approximately US$900 million in cash will be distributed on a quarterly basis between 2026 and 2028. The new shareholder return program, totaling US$1.5 billion, represents a significant increase compared to the previous program (US$900 million) announced in 2025. From January 1 to May 22, 2026, JOYY had returned a total of US$156.8 million to shareholders through US$87.9 million in share repurchases and US$68.9 million in dividends, under its 2025 program.
- Benzinga·
JOYY Reports First Quarter 2026 Unaudited Financial Results
<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css" /> <p>SINGAPORE, May 26, 2026 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/JOYY" rel="nofollow">JOYY</a>) ("JOYY" or the "Company"), a global technology company, today announced its unaudited financial results for the first quarter of 2026.</p> <p><strong>First Quarter 2026 Financial Highlights</strong><sup><strong>1</strong></sup></p> <ul> <li><strong>Net revenues </strong>were US$555.7 million, an increase of 12.4% from US$494.4 million in the corresponding period of 2025, compared with US$581.9 million in the fourth quarter of 2025. <ul> <li><strong>Social Entertainment net revenues </strong>increased by 3.2% to US$400.4 million from US$387.8 million in the corresponding period of 2025, compared with US$419.1 million in the fourth quarter of 2025.</li> <li><strong>BIGO Ads</strong> <strong>net revenues</strong> increased by 55.6% to US$124.8 million from US$80.2 million in the corresponding period of 2025, compared with US$128.6 million in the fourth quarter of 2025.</li> <li><strong>Shopline net revenues </strong>increased by 16.1% to US$30.5 million from US$26.3 million in the corresponding period of 2025, compared with US$34.3 million in the fourth quarter of 2025.<br /></li> </ul> </li> <li><strong>Operating income </strong>was US$6.8 million, compared with US$12.2 million in the corresponding period of 2025 and US$18.3 million in the fourth quarter of 2025.<br /></li> <li><strong>Non-GAAP EBIT